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Under contract
  • Price cut: $150K (6/19)
    $950,000

    2943 Thompson Hollow Rd, Margaretville, NY 12455

    4beds
    2,563sqft
    Loading
    Single Family Residence
    Built in 1972
    225 Acres Lot
    $917,400 Zestimate®
    $371/sqft
    $-- HOA

    What's special

    Large primary bedroomTimber framingIncredible family roomWonderful walk-in closetMassive stone fireplaceTerra cotta tilesFormal dining room
    Located on a dead-end town-maintained road in one of the most beautiful valleys in the Catskills. Set back from the road, all you can see from the house are mountain views and your two massive spring-fed ponds. The park-like grounds are the result of several decades of care, as this home has not changed hands since the mid 1980s. This listing includes 225 acres over four tax parcels. It is simply the highest quality land one could hope for. The house also defies expectations as it feels like an old house inside, but it has 20th century infrastructure. Built in 1972, and updated since then, this home has been cared for inside and out. The upper pond leads to a magnificent deck with a vaulted roof for outdoor dining. This leads directly into the incredible family room, which features timber framing, terra cotta tiles, and a massive stone fireplace. Next is the large kitchen which features a large kitchen island an ample cabinetry and counter space. The first floor includes a formal dining room, living room, full bath, gym, laundry, and a bedroom. The gym could easily be reimagined as a bright studio for any creative endeavor. The upstairs features a large primary bedroom with a wonderful walk-in closet. There are also two additional bedrooms, and a large full bath with custom tile and a jacuzzi tub. Both floors have mini-split heating and cooling on top of the baseboard heat. The detached 2 garage has plenty of storage for tools and firewood. The two spring-fed ponds are both around 1/2 an acre, and 8-9 feet deep, both great for swimming. The upper woods include long trails for hiking, while the lower parcels offer the potential for future home development. Located only 2.5 hours to the GW bridge, 14 mins to Margaretville’s main street, and 15 mins to the closest ski mountain. This home would make an excellent full-time residence or vacation home. Do not let this property pass you by as it is truly exceptional in many ways.
    70 days
    |
    364
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jewett and Jewett LLC 802-578-0731,

    Steven Jewett 802-578-0731

    Source: NYSAMLSs,MLS#: R1677965MLS LogoOriginating MLS: Otsego-Delaware

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Ductless, Electric, Wood, Baseboard
      Cooling
      • Ductless
      Appliances
      • Included: Gas Oven, Gas Range, Propane Water Heater
      Features
      • Den, Country Kitchen, Bedroom on Main Level
      • Flooring: Hardwood, Tile, Varies
      • Basement: Crawl Space
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 2,563
      • Total interior livable area: 2,563 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Gravel Driveway, Propane Tank - Leased
      Lot
      • Size: 225 Acres
      • Dimensions: 805 x 3100
      • Features: Irregular Lot
      Details
      • Additional parcels included: 199.225 , 199.222
      • Parcel number: 1246891990000002027000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Block
      Condition
      • Resale
      • Year built: 1972

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Spring

      Community & HOA

      Location
      • Region: Margaretville

      Financial & listing details

      • Price per square foot: $371/sqft
      • Tax assessed value: $510,200
      • Annual tax amount: $11,606
      • Date on market: 4/30/2026
      • Cumulative days on market: 71 days
      • Listing terms: Conventional

        Estimated market value

        $917,400

        $872,000 - $963,000

        $5,114/mo

        Price history

        DateEventPrice
        6/19/2026Contingent$950,000-13.6%$371/sqft
        Source: NYSAMLSs #R1677965 Report a problem
        6/9/2026Price change$1,100,000+15.8%$429/sqft
        Source: NYSAMLSs #R1677965 Report a problem
        6/2/2026Price change$950,000-13.6%$371/sqft
        Source: NYSAMLSs #R1677965 Report a problem
        4/30/2026Listed for sale$1,100,000+15.8%$429/sqft
        Source: NYSAMLSs #R1677965 Report a problem
        11/20/2025Listing removed$950,000$371/sqft
        Source: NYSAMLSs #R1619789 Report a problem
        10/9/2025Contingent$950,000$371/sqft
        Source: NYSAMLSs #R1619789 Report a problem
        9/14/2025Price change$950,000-5%$371/sqft
        Source: NYSAMLSs #R1619789 Report a problem
        7/2/2025Listed for sale$1,000,000$390/sqft
        Source: NYSAMLSs #R1619789 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $510,200
        2024-- $510,200
        2023-- $510,200
        2022-- $510,200
        2021-- $510,200
        2020-- $510,200
        2019-- $510,200
        2018-- $510,200
        2017$9,686 $510,200
        2016-- $510,200
        2015-- $510,200
        2014-- $510,200
        2013-- $510,200
        2012-- $510,200
        2011-- $510,200 +126.2%
        2010-- $225,600
        2009-- $225,600
        2008-- $225,600
        2007-- $225,600
        2006-- $225,600
        2005-- $225,600
        2004-- $225,600
        2003-- $225,600
        2002-- $225,600
        2001-- $225,600
        2000-- $225,600

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12455

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Margaretville Central
        • District: Margaretville

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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